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Birmingham Post
Birmingham Post
Business
Hannah Baker

Rolls-Royce appoints new chief executive to power systems division

Aerospace giant Rolls-Royce has appointed a new chief executive to its power systems arm.

Dr Jörg Stratmann will join the company on November 15, reporting to chief executive Warren East as part of the wider executive team. He succeeds Andreas Schell, who stepped down from the role earlier in the year.

Mr Stratmann, who holds a doctorate in industrial engineering, was most recently chief executive and chairman of automotive supplier Mahle GmbH. In the role, he expanded the business outside the area of combustion engines towards customised solutions for e-mobility and developed new business opportunities based on sustainable technologies for global markets, according to Rolls-Royce.

He has also previously held various international positions for Siemens AG and and automotive industry supplier Mahle.

Mr East said: "I would like to welcome Dr Jörg Stratmann to the Rolls-Royce leadership team. He brings with him extensive experience of the energy transition and how it opens up valuable growth opportunities, which will benefit the whole group. He also has a record of driving operational performance and efficiency improvements, which will assist Power Systems as it continues to sharpen its focus on the profitability of the core mtu business."

In July, Rolls-Royce named former BP executive Tufan Erginbilgic as its new chief executive. Mr Erginbilgic will take over from Warren East on January 1. Mr East, who announced his departure in February, is stepping down after eight years at the helm.

Mr Erginbilgic added: "I look forward to working with Jörg and the wider team at Power Systems as we deliver profitable growth from the strong order book and generate further value from its strategic move to more sustainable power solutions."

Earlier this year, Mr East said he was confident Rolls-Royce had a “sustainable future” and would emerge from the pandemic a “more resilient” business. The company, which has UK sites in Derby and Filton, near Bristol, swung back into the black in February, with profits of £124m - up from a £3.1bn loss a year earlier.

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